GM expects to sell 3 million cars in China this year
By: Reuters | Sep 24 2014 at 03:10 PM | International Trade
General Motors Co expects to sell three million cars in China for the second straight year in 2014, its China President Matthew Tsien said.
Tsien made the remarks at a media event in Shanghai.
GM sold 2.26 million vehicles in China during the first eight months of the year, up 11.1 percent from a year earlier.
GM has said it expects its China sales to expand 8-10 percent this year, roughly in line with overall growth of China's auto market.
GM, which sells cars in China under brands including Chevrolet, Buick and Cadillac, competes with global rivals such as Volkswagen AG and Toyota Motor Corp in the world's biggest auto market. (Reuters)